SURF AIR MOBILITY INC (SRFM)

US8689271042 - Common Stock

2.68  +0.17 (+6.77%)

After market: 2.88 +0.2 (+7.46%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to SRFM. SRFM has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

SRFM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month SRFM has a been trading in the 1.50 - 3.00 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, SRFM outperforms 65% of them, which is more or less in line with the market.
SRFM is part of the Passenger Airlines industry. There are 24 other stocks in this industry, SRFM did better than 47% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SRFM Weekly chart
SRFM Daily chart
Setup Rating and Analysis

2

Although SRFM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

1.62

3.37

We found 2 important support areas.

  • Support @1.71 from a trend line in the daily time frame.
  • Support @1.64 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @3.34 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.98
Mansfield-4.56
10 Day High3
10 Day Low1.5
20 Day High3
20 Day Low1.5
52 Week High11.83
52 Week Low0.9
Performance
1 Week63.41%
2 Weeks24.65%
1 Month51.41%
3 Month77.48%
6 Month14.05%
12 Month-47.77%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)65.57
LBB1.42
UBB2.59
SRFM Daily chart

SURF AIR MOBILITY INC

NYSE:SRFM (11/22/2024, 8:06:15 PM)

After market: 2.88 +0.2 (+7.46%)

2.68

+0.17 (+6.77%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryPassenger Airlines
Performance
% Chg6.77%
1 Week63.41%
2 Weeks24.65%
1 Month51.41%
3 Month77.48%
6 Month14.05%
12 Month-47.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.31
ATR(20)%9.87%
ATR Inc
Range Today0.5
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3
10 Day Low1.5
20 Day High3
20 Day Low1.5
52 Week High11.83
52 Week Low0.9
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume700.10K
Volume Incr105.48%
Vol(5)500.64K
Vol(50)996.67K